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Goodwill and Other Intangible Assets | 3 Months Ended
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Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets A summary of the carrying amount of goodwill attributable to each segment as well as the changes in such amounts are as follows:
| Memorialization |  | Industrial Technologies |  | SGK Brand Solutions |  | Consolidated
Net goodwill at September 30, 2024 | $ | 373,144 |  |  | $ | 99,545 |  |  | $ | 224,434 |  |  | $ | 697,123 |
Additions during period | 2,767 |  |  | — |  |  | — |  |  | 2,767 |
Translation and other adjustments | (2,744) |  |  | (895) |  |  | (10,284) |  |  | (13,923) |
Net goodwill at December 31, 2024 | $ | 373,167 |  |  | $ | 98,650 |  |  | $ | 214,150 |  |  | $ | 685,967 |
The net goodwill balances at December 31, 2024 and September 30, 2024 included $277,913 of accumulated impairment losses. Accumulated impairment losses at December 31, 2024 and September 30, 2024 were $5,000, $40,673 and $232,240 for the Memorialization, Industrial Technologies and SGK Brand Solutions segments, respectively. The Company performed its annual impairment review of goodwill and indefinite-lived intangible assets in the second quarter of fiscal 2024 (January 1, 2024) and determined that the estimated fair values for all goodwill reporting units exceeded their carrying values, and, therefore, no impairment charges were necessary at such time. The results of this review indicated that the estimated fair value of the Company's SGK Brand Solutions reporting unit exceeded the carrying value (expressed as a percentage of carrying value) by approximately 7%. The fair value for the reporting unit was determined using level 3 inputs (including estimates of revenue growth, EBITDA contribution and the discount rates) and a combination of the income approach using the estimated discounted cash flows and a market-based valuation methodology. If current projections are not achieved or specific valuation factors outside the Company's control (such as discount rates and continued economic and industry challenges) significantly change, additional goodwill write-downs may be necessary in future periods. Note 15. Goodwill and Other Intangible Assets (continued) The following tables summarize the carrying amounts and related accumulated amortization for intangible assets as of December 31, 2024 and September 30, 2024, respectively.
| Carrying Amount |  | Accumulated Amortization |  | Net
December 31, 2024 |  |  |  |  |
Indefinite-lived trade names | $ | 30,540 |  |  | $ | — |  |  | $ | 30,540 |
Definite-lived trade names | 151,104 |  |  | (128,854) |  |  | 22,250 |
Customer relationships | 375,040 |  |  | (313,665) |  |  | 61,375 |
Copyrights/patents/other | 18,725 |  |  | (16,012) |  |  | 2,713 |
| $ | 575,409 |  |  | $ | (458,531) |  |  | $ | 116,878 |
September 30, 2024: |  |  |  |  |
Indefinite-lived trade names | $ | 30,540 |  |  | $ | — |  |  | $ | 30,540 |
Definite-lived trade names | 151,598 |  |  | (127,829) |  |  | 23,769 |
Customer relationships | 380,387 |  |  | (311,621) |  |  | 68,766 |
Copyrights/patents/other | 19,166 |  |  | (16,215) |  |  | 2,951 |
| $ | 581,691 |  |  | $ | (455,665) |  |  | $ | 126,026 |
The net change in intangible assets during the three months ended December 31, 2024 primarily included the impact of foreign currency fluctuations during the period and additional amortization. Amortization expense on intangible assets was $8,608 and $9,795 for the three-month periods ended December 31, 2024 and 2023, respectively. Amortization expense is estimated to be $21,031 for the remainder of fiscal 2025, $14,171 in 2026, $13,068 in 2027, $10,995 in 2028 and $9,143 in 2029.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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